Common use of Secured Leverage Ratio Clause in Contracts

Secured Leverage Ratio. Permit the Secured Leverage Ratio, as of the last day of any fiscal quarter of the Consolidated Group, to be greater than thirty-five percent (35%), or, for a period of four consecutive fiscal quarters following a Material Acquisition, forty percent (40%).

Secured Leverage Ratio. Permit the Secured Leverage Ratio, as of the last day of any fiscal quarter of the Consolidated Group, to be greater than thirty-five forty percent (3540%), or, for a period of four consecutive fiscal quarters following a Material Acquisition, forty forty-five percent (4045%).